ENXTBR:COLR

Stock Analysis Report

Executive Summary

Etn. Fr. Colruyt NV, together with its subsidiaries, engages in the retail, wholesale, and food service activities in Belgium, France, and internationally.

Snowflake

Fundamentals

Established dividend payer with adequate balance sheet.


Similar Companies

Share Price & News

How has Etn. Fr. Colruyt's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.6%

COLR

2.9%

BE Consumer Retailing

1.5%

BE Market


1 Year Return

1.1%

COLR

10.1%

BE Consumer Retailing

7.1%

BE Market

Return vs Industry: COLR underperformed the Belgian Consumer Retailing industry which returned 10.1% over the past year.

Return vs Market: COLR underperformed the Belgian Market which returned 7.1% over the past year.


Shareholder returns

COLRIndustryMarket
7 Day3.6%2.9%1.5%
30 Day6.6%-1.7%-0.6%
90 Day4.8%1.9%5.0%
1 Year3.0%1.1%14.6%10.1%9.6%7.1%
3 Year7.4%1.7%1.3%-8.4%-5.9%-12.5%
5 Year62.4%48.7%26.8%7.5%27.6%11.9%

Price Volatility Vs. Market

How volatile is Etn. Fr. Colruyt's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Etn. Fr. Colruyt undervalued compared to its fair value and its price relative to the market?

6.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: COLR (€51.14) is trading below our estimate of fair value (€54.56)

Significantly Undervalued: COLR is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: COLR is good value based on its PE Ratio (18.4x) compared to the Consumer Retailing industry average (19x).

PE vs Market: COLR is poor value based on its PE Ratio (18.4x) compared to the Belgian market (16.1x).


Price to Earnings Growth Ratio

Low PEG Ratio: COLR is poor value based on its PEG Ratio (132.7x)


Price to Book Ratio

PB vs Industry: COLR is overvalued based on its PB Ratio (3.2x) compared to the XE Consumer Retailing industry average (1.7x).


Next Steps

Future Growth

How is Etn. Fr. Colruyt forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

0.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: COLR's forecast earnings growth (0.1% per year) is below the savings rate (0.8%).

Earnings vs Market: COLR's earnings (0.1% per year) are forecast to grow slower than the Belgian market (6.4% per year).

High Growth Earnings: COLR's earnings are forecast to grow, but not significantly.

Revenue vs Market: COLR's revenue (2.1% per year) is forecast to grow slower than the Belgian market (3.5% per year).

High Growth Revenue: COLR's revenue (2.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: COLR's Return on Equity is forecast to be low in 3 years time (13.9%).


Next Steps

Past Performance

How has Etn. Fr. Colruyt performed over the past 5 years?

3.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: COLR's earnings have grown by 3% per year over the past 5 years.

Accelerating Growth: COLR's earnings growth over the past year (2.5%) is below its 5-year average (3% per year).

Earnings vs Industry: COLR earnings growth over the past year (2.5%) exceeded the Consumer Retailing industry 0.4%.


Return on Equity

High ROE: COLR's Return on Equity (17.4%) is considered low.


Return on Assets

ROA vs Industry: COLR has a higher Return on Assets than the Consumer Retailing industry average last year.


Return on Capital Employed

ROCE Improving: COLR's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Etn. Fr. Colruyt's financial position?


Financial Position Analysis

Short Term Liabilities: COLR's short term assets (€1.4B) do not cover its short term liabilities (€1.7B)

Long Term Liabilities: COLR's short term assets (1.4B) exceeds its long term liabilities (227.1M)


Debt to Equity History and Analysis

Debt Level: COLR's debt to equity ratio (1.6%) is considered satisfactory

Reducing Debt: COLR's debt to equity ratio has increased from 0.6% to 1.6% over the past 5 years.

Debt Coverage: COLR's debt is well covered by operating cash flow (1592.1%).

Interest Coverage: COLR earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: COLR has a high level of physical assets or inventory.

Debt Coverage by Assets: COLR's debt is covered by short term assets (assets are 39.819710x debt).


Next Steps

Dividend

What is Etn. Fr. Colruyt's current dividend yield, its reliability and sustainability?

2.56%

Current Dividend Yield


Dividend Yield vs Market

company2.6%marketbottom25%2.1%markettop25%4.5%industryaverage3.6%forecastin3Years2.5%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: COLR's dividend (2.56%) is higher than the bottom 25% of dividend payers in the Belgian market (2.13%).

High Dividend: COLR's dividend (2.56%) is low compared to the top 25% of dividend payers in the Belgian market (4.48%).

Stable Dividend: COLR's dividends per share have been stable in the past 10 years.

Growing Dividend: COLR's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (47.2%), COLR's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: COLR's dividends in 3 years are forecast to be well covered by earnings (47.5% payout ratio).


Next Steps

Management

What is the CEO of Etn. Fr. Colruyt's salary, the management and board of directors tenure and is there insider trading?

2.2yrs

Average management tenure


CEO

Jef Colruyt 0

0yrs

Tenure

€370,000

Compensation

Mr. Jef Colruyt serves as the Chairman, Chief Executive Officer, Managing director and Chief Operating Officer of Services at Etn Fr Colruyt NV (formerly Ets. Fr. Colruyt SA). Mr. Colruyt also serves as a ...


Management Age and Tenure

2.2yrs

Average Tenure

Experienced Management: COLR's management team is considered experienced (2.2 years average tenure).


Board Age and Tenure

2.1yrs

Average Tenure

Experienced Board: COLR's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Jef Colruyt

    Chairman

    • Tenure: 0yrs
    • Compensation: €370.00k
  • Marc Hofman (61yo)

    Chief Operating Officer of Retail

    • Tenure: 0.7yrs
  • Kris Castelein

    Secretary

    • Tenure: 0yrs
  • Stefaan Vandamme

    Chief Financial Officer

    • Tenure: 0.7yrs
  • Peter Vanbellingen

    Business Processes & Systems Manager and Customer Communication & Experiences Manager

    • Tenure: 3.8yrs
  • Liesbeth Sabbe

    People & Organization Manager

    • Tenure: 4yrs

Board Members

  • François Gillet (59yo)

    Non-Executive Director

    • Tenure: 0yrs
  • Jef Colruyt

    Chairman

    • Tenure: 0yrs
    • Compensation: €370.00k
  • Rika Coppens

    Independent Director

    • Tenure: 0.08yrs
  • Wim Colruyt

    Non-Executive Director

    • Tenure: 0yrs
  • M. Delvaux

    Independent Director

    • Tenure: 0yrs
  • Astrid De Lathauwer

    Independent Director

    • Tenure: 8.1yrs
  • Hilde Cerstelotte

    Non-Executive Director

    • Tenure: 2.1yrs
  • Chantal De Vrieze

    Independent Director

    • Tenure: 2.1yrs
  • Frans Colruyt

    Non-Executive Director

    • Tenure: 0yrs

Company Information

Etn. Fr. Colruyt NV's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Etn. Fr. Colruyt NV
  • Ticker: COLR
  • Exchange: ENXTBR
  • Founded: 1928
  • Industry: Food Retail
  • Sector: Consumer Retailing
  • Market Cap: €7.050b
  • Shares outstanding: 137.86m
  • Website: https://www.colruytgroup.com

Number of Employees


Location

  • Etn. Fr. Colruyt NV
  • Edingensesteenweg 196
  • Wilgenveld
  • Halle
  • Flemish Brabant
  • 1500
  • Belgium

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EFC1DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
COLRENXTBR (Euronext Brussels)YesOrdinary SharesBEEURJan 1992
0N4YLSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
CUYT.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
COLRBBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992
COLRWBAG (Wiener Boerse AG)YesOrdinary SharesATEURJan 1992
CUYT.YOTCPK (Pink Sheets LLC)ADRUSUSDDec 2008

Biography

Etn. Fr. Colruyt NV, together with its subsidiaries, engages in the retail, wholesale, and food service activities in Belgium, France, and internationally. It operates through three segments: Retail, Whole ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 20:40
End of Day Share Price2019/10/17 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.